£1,087,801
This estimated value is based upon the latest sale price for the house of £880,000 on 7 May 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Parking Area
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192 Main Road, Romford, RM2 5HA
Phone: 01708954929
| Price Paid | Date |
|---|---|
| £880,000 | 7 May 2019 |
| Detached |
| Freehold |
| Floor Area: 178 sq meters or 1,915 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER LONDON to estimate the market value.
When this house was purchased in May 2019 the House Price Index for GREATER LONDON was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.614%.Applying this 23.614% change to the original purchase price of £880,000 results in an estimated price of approximately £1,087,801.
| 7 May 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.614 % | £880,000 | £207,801 | £1,087,801 |
The Postcode Pricing Model uses changes in average sales price within the RM2 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | -7.287 % | £-64,126 | £815,873 |
| 3 Month Average | 4.970 % | £43,734 | £923,734 |
| 6 Month Average | 8.642 % | £76,049 | £956,049 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £280,148 | £276,000 | 58 STATION ROAD |
| 12 Sep 2023 | £769,843 | £760,000 | 7 BALGORES SQUARE |
| 7 Jul 2023 | £334,502 | £330,000 | 2A BALGORES SQUARE |
| 8 Jul 2022 | £872,348 | £870,000 | 31 CROSSWAYS |
| 3 Dec 2021 | £267,844 | £250,000 | 8A STATION ROAD |
This house has a floor area of 178 sq meters or 1,915 sq feet when measured on 11 Jan 2019. Using an estimated price of £1,087,801 means this house is valued at £6,111 per sq meter (£567 per sq foot).
The average size of a house on CROSSWAYS is 145 sq meters (1,562 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near Parking Area | |
| Dec 2023 | Anti-social behaviour | On or near Parking Area | |
| Dec 2023 | Anti-social behaviour | On or near Parking Area | |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Parking Area |
| Dec 2023 | Anti-social behaviour | On or near Parking Area |